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A shot summary of what has been happening in the world economy
“The US plan has done nothing at all about the debt crisis itself. It’s bailed out the creditors, but not a penny of the actual debts, the subprime mortgage debts, are addressed. Without any of the media knowing, the Federal Reserve over the last few months has given $850 billion of cash for trash already. This is what the $700 billion discussion in Congress was supposed to be about, but
The collapse continues and accelerates
MARKET DATA – 14:46 UK FTSE 100 3922.21 down -391.59 -9.08% Dax 4392.10 down -494.90 -10.13% Cac 40 3102.36 down -340.34 -9.89% Dow Jones 8579.19 down -678.91 -7.33%
So is there a difference between Obama and McCain? A guide for non-Americans
The readers of my blog know that I see no substantial difference between Obama and McCain, I have said so many times. The choice between these two is about as meaningful as the choice between the SA and the SS in Nazi Germany or between the Trotskysts and the Stalinists in the Soviet Union. In the context of the USA, I like the following metaphor: the choice between the two
Thousands of Troops Are Deployed on U.S. Streets Ready to Carry Out “Crowd Control”
By Naomi Wolf, AlterNet Background: the First Brigade of the Third Infantry Division, three to four thousand soldiers, has been deployed in the United States as of October 1. Their stated mission is the form of crowd control they practiced in Iraq, subduing “unruly individuals,” and the management of a national emergency. I am in Seattle and heard from the brother of one of the soldiers that they are engaged
FEMA sources confirm coming martial law
From the Wayne Madsen Report via abutamam.blogspot.com via Palestinian Pundit “(FEMA) sources that the Bush administration is putting the final touches on a plan that would see martial law declared in the United States with various scenarios anticipated as triggers. The triggers include a continuing economic collapse with massive social unrest, bank closures resulting in violence against financial institutions, and another fraudulent presidential election that would result in rioting in
Secret Bush Administration Plan to Suspend US Constitution
“Continuity of Government” (COG) Provisions activated in 2001 by Tom Burghardt for Global Research Ten months before the September 11, 2001 terrorist attacks, Secretary of Defense Donald Rumsfeld approved an updated version of the U.S. Army’s secret operational Continuity of Government (COG) plans. A draft document published by the whistleblowing website Wikileaks entitled, “Army Regulation 500-3, Emergency Employment of Army and Other Resources. Army Continuity of Operations (COOP) Program,” dated
Brazil, Argentina abandon US dollar (for bilateral trade)
Press TV reports: Brazil and Argentina have launched a new payment system in their bilateral trade, doing away with the US dollar as a medium of exchange. The two Latin American nations started the Payment System on Local Currency (SML) on Monday following a last month agreement inked by their presidents to use local currencies in a bid to end transaction in dollars. On Thursday, Argentine Central Bank President Martin
700 billon for the bailout, another 630 billion for “defense” and the exchanges are crashing again…
MARKET DATA – 18:26 UK FTSE 100 4589.19 down -391.06 -7.85% Dax 5387.01 down -410.02 -7.07% Cac 40 3711.98 down -368.77 -9.04% Dow Jones 9784.50 down -540.88 -5.24% Nasdaq 1827.20 down -120.19 -6.17% BBC Global 30 5013.73 down -194.94 -3.74% There goes the 700 billion dollars bailout. Oh, and by the way, the Imperial Congress also passed a 630 billion dollars “defense” bill.
Top Israeli official openly calls for war crimes in the next Israeli war against Lebanon
Al-Manar TV reports: Israeli reserve Brigadier General Gabriel Siboni called for striking Lebanon’s infrastructure in case of a new war. In an article published on the Israeli Institute for National Security Studies’ internet site, Siboni said that the “current predicament facing Israel involves two major challenges. The first is how to prevent being dragged into an ongoing dynamic of attrition on the northern border similar to what in recent years
Uncle Shmuel grants US citizenship to 16 key terrorist figures
Press TV reports: The US has granted citizenship to 16 leading members of the blacklisted Mujahedin Khalq Organization (MKO), an Iraqi security official says. The official told Fars news agency that the MKO members who were given US citizenship were directly engaged in acts of terror against Iranians and the Iraqi people. According to the security official, the terrorists, who had earlier exited Camp Ashraf, were reportedly transferred to a
West moves in support of Israeli nukes
Press TV reports: The West seeks to protect Israel from nuclear inspections after a major initiative to place Tel Aviv’s nuclear activities on the IAEA agenda. Western nations are reportedly trying to foil the bid in a politically charged vote called no-action motion. A no-action motion may be tabled if a member state believes the subject-matter of a proposed resolution falls outside the competence of a UN body. If successful,
Pakistan spy chief sacked to please US?
Press TV reports: Speculation is rife that the US is behind a massive shake up at Pakistan’s powerful Inter-Services Intelligence spy agency. The Inter-Services Intelligence (ISI) agency has been called a ‘state within a state’ due to its immense power. Time magazine has described it as one of the world’s most powerful spy agencies. Now, 10 months after being appointed head of the Pakistani Army, General Ashfaq Kayani, easily one
Hezbollah Secretary General Hassan Nasrallah’s September 26th speech – full transcript
Hezbollah Secretary General Sayyed Hassan Nasrallah’s speech made during AlQods International Day In the Name of Allah the Compassionate, the Most Merciful. Peace be upon our Prophet, the last of the Prophets, Abi Al Qassem Mohammad Bin Abdullah, his Household, the Purified, his chosen companions and all the prophets and messengers. Brothers and Sisters, peace be upon you all and Allah’s blessing and mercy. Allah Almighty says in His Holy
Pak army vows to confront US attacks
Press TV reports: Pakistani military reiterates it will not allow any incursions by the US-led NATO troops into its volatile tribal region near Afghan border. There has been no change in the rules of engagement with the US forces and the Pakistani military will not permit any aerial or ground incursions by foreign troops, the security officials said at a briefing on anti-militancy operations in the North West Frontier Province
US, Pak troops clash on Afghan border
Press TV reports: The US says the Pakistani army and the American troops have exchanged fire near the Afghan border after tensions over incursions flared. The latest incident took place along the Pakistani border with the eastern Afghan region of Khost on late Thursday. A senior US military official said skirmishes broke out after Pakistani soldiers fired warning shots near two US helicopters. US Central Command spokesman Rear Admiral Gregory
Gilad Atzmon – Taking Elder Peres Apart
by Gilad Atzmon for Palestine Think Tank Truth must be said, I do admire fierce President Ahmadinejad almost as much as I despise war criminal Shimon Peres. However reading the rant Peres gave Wednesday during the UN’s General Assembly is a rather amusing experience. The man who has more blood on his hands than any living Israeli politician was rather daring. “The Iranian people are not our enemies,” declares Peres.
Pakistan on the brink?
Dr.Tariq Amin-Khan talks with Paul Jay about the consequences of increased US military activity in Pakistan on Real News Network Tariq Amin-Khan is an Assistant Professor in the Department of Politics and Public Administration at Ryerson University. In addition to a PhD in Social and Political Thought from York University in Toronto, he holds a Master’s degree in South Asian Studies from the University of Toronto, and a Bachelor of
What is going on in Pakistan?
Check out this BBC report: Nato forces in eastern Afghanistan say their helicopters have been fired upon by a Pakistani military checkpoint. The Western alliance said its aircraft had not crossed into Pakistani airspace when they came under fire over Khost province, news agency AP reports. The incident comes amid growing tension over a number of recent incidents at the Pakistan-Afghan border. Earlier this week, Pakistani troops fired warning shots
Listening to Ahmadinejad on Larry King Live
Thanks to Information Clearing House even somebody like me, who does not even own a TV, can sometimes watch a TV show of some interest. This was the case today when I sat down and watched the interview of Iranian President Ahmadinejad on Larry King Live. I must admit that I had high expectations. After all “Larry King” (his real name is: Lawrence Harvey Zeiger) is a very intelligent and
